DUFFELSE KARWEIWERKEN: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DUFFELSE KARWEIWERKEN
Largest movements
- Receivables within one year +€54,519
up €54,519 (+232%), from €23,517 to €78,036
of which Trade receivables: +€67,242
- Tangible fixed assets -€21,330
down €21,330 (-5.8%), from €368,334 to €347,004
of which Land and buildings: -€14,286
- Reserves +€39,317
up €39,317 (+49.2%), from €79,906 to €119,223
- Debts after one year -€30,842
down €30,842 (-12.1%), from €254,590 to €223,748
- Tax, wage and social debts +€9,030
up €9,030 (+188%), from €4,796 to €13,826
- Other debts +€8,089
up €8,089 (+45.7%), from €17,713 to €25,803
- Gross operating margin +€55,784
up €55,784 (+75.8%), from €73,560 to €129,344
- Taxes +€14,927
up €14,927 (+232%), from €6,427 to €21,355
- Depreciation +€12,007
up €12,007 (+28.4%), from €42,254 to €54,261
- Financial charges +€9,777
up €9,777 (+517%), from €1,890 to €11,667
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €402,258 | €430,248 | +€27,990 | +7.0% |
| Fixed assets | 21/28 | €369,619 | €347,809 | -€21,810 | -5.9% |
| Intangible fixed assets | 21 | €1,285 | €805 | -€480 | -37.4% |
| Tangible fixed assets | 22/27 | €368,334 | €347,004 | -€21,330 | -5.8% |
| Land and buildings | 22 | €225,706 | €211,421 | -€14,286 | -6.3% |
| Plant, machinery and equipment | 23 | €617 | €0 | -€617 | -100% |
| Furniture and vehicles | 24 | €142,010 | €135,583 | -€6,427 | -4.5% |
| Current assets | 29/58 | €32,639 | €82,439 | +€49,800 | +153% |
| Amounts receivable within one year | 40/41 | €23,517 | €78,036 | +€54,519 | +232% |
| Trade receivables | 40 | €4,859 | €72,100 | +€67,242 | +1,384% |
| Other amounts receivable | 41 | €18,658 | €5,936 | -€12,723 | -68.2% |
| Cash at bank and in hand | 54/58 | €2,750 | €1,787 | -€964 | -35.0% |
| Deferred charges and accrued income | 490/1 | €6,372 | €2,616 | -€3,756 | -58.9% |
| Total equity and liabilities | 10/49 | €402,258 | €430,248 | +€27,990 | +7.0% |
| Equity | 10/15 | €94,906 | €134,223 | +€39,317 | +41.4% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €79,906 | €119,223 | +€39,317 | +49.2% |
| Distributable reserves | 133 | €79,906 | €119,223 | +€39,317 | +49.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €307,352 | €296,025 | -€11,327 | -3.7% |
| Amounts payable after more than one year | 17 | €254,590 | €223,748 | -€30,842 | -12.1% |
| Financial debts | 170/4 | €254,590 | €223,748 | -€30,842 | -12.1% |
| Amounts payable within one year | 42/48 | €52,762 | €72,277 | +€19,515 | +37.0% |
| Current portion of amounts payable after more than one year | 42 | €27,891 | €30,842 | +€2,951 | +10.6% |
| Trade debts | 44 | €2,335 | €1,807 | -€528 | -22.6% |
| Suppliers | 440/4 | €2,335 | €1,807 | -€528 | -22.6% |
| Advances received on contracts in progress | 46 | €27 | €0 | -€27 | -100% |
| Taxes, remuneration and social security | 45 | €4,796 | €13,826 | +€9,030 | +188% |
| Taxes | 450/3 | €4,796 | €13,826 | +€9,030 | +188% |
| Other amounts payable | 47/48 | €17,713 | €25,803 | +€8,089 | +45.7% |
| Non-recurring operating income | 76A | €200 | €3,340 | +€3,140 | +1,570% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,254 | €54,261 | +€12,007 | +28.4% |
| Other operating charges | 640/8 | €3,638 | €2,917 | -€720 | -19.8% |
| Gross operating margin | 9900 | €73,560 | €129,344 | +€55,784 | +75.8% |
| Operating profit (loss) | 9901 | €27,669 | €72,166 | +€44,497 | +161% |
| Financial income | 75/76B | €52 | €173 | +€121 | +231% |
| Recurring financial income | 75 | €52 | €173 | +€121 | +231% |
| Financial charges | 65/66B | €1,890 | €11,667 | +€9,777 | +517% |
| Recurring financial charges | 65 | €1,890 | €11,667 | +€9,777 | +517% |
| Profit (loss) for the period before taxes | 9903 | €25,831 | €60,672 | +€34,841 | +135% |
| Income taxes | 67/77 | €6,427 | €21,355 | +€14,927 | +232% |
| Profit (loss) for the period | 9904 | €19,404 | €39,317 | +€19,914 | +103% |
| Profit (loss) for the period to be appropriated | 9905 | €19,404 | €39,317 | +€19,914 | +103% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.